Convert 5 ATOM to USD today

Cosmos unveiled Eureka, an upgrade to its IBC protocol that now connects Ethereum, increasing its interoperability capabilities. This change allows seamless integration of Cosmos applications with Ethereum, providing access to a broader user base.

With the Eureka upgrade, developers are empowered to build multichain applications without the fragmentation caused by traditional interoperability methods, ensuring smoother user experiences across various blockchain ecosystems.

ATOM crypto saw a 6% rise within a day, successfully breaking a declining trendline. Staying above the critical resistance level at 5 USD is essential for further upward momentum.

The MACD indicator shows weak bullish momentum, indicating a potential stabilization phase in the market. Should ATOM establish positions above 5 USD, further price rallies may occur.

Significant liquidation concentrations are noted near 4.87 USD and 5 USD. Maintaining prices above these levels is crucial to avoid bearish market reactions.

Cosmos ($ATOM) surged by 10%, reaching 4.86 USD after eToro’s announcement of staking integration. Despite this, ATOM’s performance remains disappointing, down 57.3% in the year, compared to other cryptocurrencies.

Cosmos aims to become the ‘Internet of Blockchains’, focusing on interoperable applications. Recent advancements include the open-sourcing of Evmos, expanding compatibility across Ethereum-based appchains within the Cosmos ecosystem.

Ongoing security worries have arisen due to possible ties to the Lazarus Group, affecting investor confidence. Informal Systems has proposed audits to enhance governance and tackle issues in the Liquid Staking Module.

Nubank has recently expanded its cryptocurrency services by adding four altcoins: Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO). This decision is part of its strategy to cater to the growing demand for digital assets.

The bank’s revenue growth has been extraordinary, climbing to nearly 3 billion USD in 2024, reflecting an increase of 1,124% compared to previous years. This rapid expansion aligns with the overall growth of the Brazilian economy and interest in cryptocurrency.